Monday, January 5, 2009
NEW YEAR - new market?
I can't find anyone around with a crystal ball... if you find one let me know! What I do know is that we have seen some wild roller coaster like turns the past months. Prices are now affordable and the "average Joe" can actually afford to buy a home in Southern California. The government and FHA are attempting to clean up the mess we got ourselves in and are finally making some ground. The truth of the matter is that interest rates are at a 37 - year low and the market has finally shifted gears and accelerated instead of using its emergency brake. Hopefully, this is what we have to look forward to in '09! ---- a new year, new market.
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